Sentences with phrase «abatements for»

In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements for co-op and condo owners and expand protections for tenants of loft buildings.

The city and state will contribute $ 480 million toward the project, along with $ 169 in tax abatements for the Exchange.

Developers might be getting abatements for rental projects but certainly not condos.

The New York City Department of Finance recently announced the availability of penalty abatements for certain taxpayers that have underpaid business taxes due to the inclusion of Section 965 income.

Taylor at the city Department of Buildings called last week's announcement «an impressive legislative package» that complements existing provisions in the mayor's earlier PlaNYC initiatives, such as property tax abatements for green roofs.

The Erie County Industrial Development Agency voted unanimously Monday morning in favor of sales tax abatements for planned new corporate headquarters for Delaware North Companies.

The ECIDA board also approved $ 388,000 in tax abatements for Simmers Crane Design & Service, which plans to construct a $ 1.7 million manufacturing facility at the former Spaulding Fibre site in the City of Tonawanda.

The ECIDA has a track record of supporting charter school projects, previously approving tax abatements for five others, including Enterprise Charter School which started off as a tenant of the agency at its Oak Street campus and recently purchased its portion of the site from the ECIDA.

Buffalo, NY - The Erie County Industrial Development Agency Board of Directors today approved $ 61,000 in sales tax abatements for a Canadian company which plans to invest $ 2.5 million to establish a U.S. subsidiary.

Property tax abatements for the building were due to expire in 2008, but Delaware North obtained an additional seven years of tax breaks from the ECIDA for the portion of the building it occupies.

The ECIDA board also approved $ 218,000 in sales and mortgage recording tax abatements for the adaptive reuse on the former Baker Shoe building at 456 Main St., in downtown Buffalo.

De Blasio has called for an end to 421a abatements for condos and proposed that projects receiving the benefit should be required to include affordable units within the specific building.

MANHATTAN — All eyes will be on Albany next week when the city's rent regulation laws and its 421a program giving tax abatements for new projects are set to expire.

The board also approved $ 591,000 in sales and mortgage recording tax abatements for Schneider Design Architects, PC for its $ 13.6 million adaptive reuse project at 145 and 149 Swan St. in downtown Buffalo.

ECIDA members also approved a request from Buffalo developer Rocco Termini for a total of $ 131,000 in tax abatements for two downtown Buffalo restaurant projects.

Some of the same leaders were also in negotiations with top players in the city's real estate community, trying to set more favorable terms of a state law that gives tax abatements for new developments.

The agency's board approved $ 1.9 million in property and sales tax abatements for TM Montante Development's 555 Riverwalk Parkway project which will create a state - of - the - art home for FedEx Trade Networks Transportation and Brokerage, Inc. (FTN).

State lawmakers refused yesterday to extend some $ 445 million in property - tax abatements for 365,000 apartment owners, the New York Post reported.

They could still offer property tax abatements for town taxes, but school boards would have to approve abatements for the property taxes dedicated to districts.

In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements for co-op and condo owners and expand protections for tenants of loft buildings.

The conflict between the City of Syracuse and Onondaga County over tax abatements for the development of the Inner Harbor of the city has raised questions about the working relationship between the mayor and the county executive.

The plan calls for the creation of low - equity housing cooperatives, reinvesting in NYCHA housing, developing community land trusts, creating tax abatements for developers and entrepreneurs who bring business into Central Brooklyn and hire local residents must be encouraged to hire locally, offering quality careers to residents and a moratorium on wealthy developers being allowed to buy up apartment buildings and leave the units vacant.

That means not just saving Hartford from bankruptcy but giving it the tools it needs to become a destination, including tax abatements for young workers, incentives for businesses, investment in infrastructure including the XL Center and more.

Withdrawals from tax - deferred accounts are taxable income, and can trigger a huge hit on your Social Security Income, and finally (d) income management for ancillary benefits in retirement such as various localities» property tax abatements for seniors of sufficiently low income.

«You're more likely to get something like a 25 percent rent abatement for the next six months than getting your rent reduced for the rest of the lease.»

Finally, the controversial tax abatement for developers known as 421 - a was also set to expire.

Similarly, Cuomo in 2011 signed Silver - backed legislation reauthorizing a then - expired property tax abatement for real estate developers called the 421a program.

The Common Council in 2003 approved using the 485 - a tax abatement for development, and city officials say the first known exemption was granted in 2010.

Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and State Senate Majority Leader John Flanagan today debuted the «framework» of a deal that will extend the city's rent regulations and the controversial 421a tax abatement for six months — with some tweaks to the former, and potential for the latter to last through 2019 if the real estate industry and labor reach an agreement on construction wages.

The law provides a partial tax abatement for victims of the storm whose homes were damaged and then repaired, increasing the property's assessed value and in turn the tax bill.

Under the proposed agreement, Cornerstone would pay $ 25,000 for the city - owned lot and could get a full tax abatement for eight years, in addition to sales and mortgage recording tax exemptions.

The return on REBNY's political investment in Albany is clear: the 421 - a property tax abatement for new residential construction continues to balloon.

Deputy Assembly Speaker Earlene Hooper (D - Hempstead) co-sponsored a bill approved Monday, Feb. 6, 2017, by the Assembly to extend a popular property - tax abatement for Nassau seniors through 2029.

The governor was equally dismissive of Mr. de Blasio's push to reform the 421a tax abatement for developers, a change crucial to the mayor's ambitious housing plan.

It creates an open - ended, as - of - right abatement for developers who would have 100 percent real - estate tax exemption available to them, with no particular requirement for what the public benefit would be,» Benjamin Dulchin, executive director of the organization, said in an interview.

And what do you mean renter's abatement for the elderly money is not coming through?»

The Albany arrangement only extends the abatement for six months, with the intention of allowing real estate interests and building trades unions to reach an agreement on prevailing wage requirements.

Manhattan Assemblyman Keith Wright, chairman of the Housing Committee, declared last night that he would not consider renewal of the controversial 421a tax abatement for developers unless the real estate - friendly Republican State Senate agrees to strengthen rent laws.

The tiny district's finances were further strained when a 2012 tax abatement for the mill resulted in a significant loss in revenue, delivering a blow to local services, including public schools.

It's not his problem to put you up in a hotel, his obligations would be fulfilled by a rent abatement for the period your apartment is not usable.

BIG ADVANCE IN NOISE ABATEMENT FOR OUR DOGS / Greyhounds / Stormphobia At last something for loud noises, thunderstorms, and fireworks.

August 8, 2008: GOVERNOR PATERSON SIGNS LAWS TO HELP SPUR INVESTMENT IN RENEWABLE ENERGY - The A. 11226 Diaz R / S.7553 Lanza bill was signed by New York State Governor Paterson and deals with the tax abatement for renewable energy, providing a tax abatement for construction of green roofs in New York City.

It's not his problem to put you up in a hotel, his obligations would be fulfilled by a rent abatement for the period your apartment is not usable.

The industry has also been able to keep alive a tax abatement for new construction called 421 - a.

Not exact matches

Better still for Nevada, the two sides seemed to have reached agreement on the crucial provisions: a generous 20 - year package of 100 % tax abatements, conditioned on specific levels of investment and job creation.

And it is this abatement of the great distortions that have caused growth to slow so rapidly, and although we haven't seen much evidence of significant rebalancing yet, it should take a few years for the effects fully to be worked out.

The Public Accounts of Canada and the Annual Financial Report include the recoveries under the Youth Allowance Program and the federal tax abated under the Alternative Payments for Standing Programs as part of the Quebec Abatement since 2010 - 11.

Deployment of CCS will drive learning, and the lowered future abatement costs from deploying a new technology will benefit Alberta, and so it makes sense in this case for the government to bear some of the costs of this risky investment.

You'll have to get one per family for mold abatement.

A decline in the holdings of physically backed gold ETFs would be a stronger indication of an abatement of the bull market in gold were it not for the fact that these holdings have been on the decline since last summer.